According to the public record, 28, Swindon Close, Ilford is a mid-century leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Swindon Close, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
28, Swindon Close, Ilford has 2 entries in the Land Registry database, most recently in February 2016 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 28 Swindon Close Ilford as £174,275 and the rental value as £1,097 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 28 Swindon Close Ilford has increased by £1,351 (0.8%) and its rental value has increased by £45 per month (4.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 28, Swindon Close, Ilford is in very good condition we estimate a sale value of £182,988 and rental value of £1,152 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,075 and a rental value of £1,020 per month.
If you were able to purchase this property for the estimated value of £174,275, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £857 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 28, Swindon Close, Ilford was last sold on 05 Feb 2016 for £140,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2016, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Swindon Close, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is First Floor Flat, 3, Highbury Gardens, Ilford, IG3 8AB, a Leasehold flat which sold for £150,000 in Jun 2021.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Swindon Close, Ilford, IG3 has a total of 31 addresses. According to our analysis of all the public data, 28, Swindon Close, Ilford is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £293k less expensive than the average property in IG3.
28, Swindon Close, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 28, Swindon Close, Ilford is Seven Kings station which is 100 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 28, Swindon Close, Ilford, 44.9% of property is privately rented and 26.1% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 28, Swindon Close, Ilford, 24.0% of residents are recorded as possessing school level qualifications and 38.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 28, Swindon Close, Ilford, the average age was 34.2 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 28, Swindon Close, Ilford, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 28, Swindon Close, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.